NW_LS410 Des Moines, IA Tue, Feb 05, 2019 USDA Market News USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE CHOICE SELECT Index 600-900# 600-900# Values => $196.42 $190.33 Change => -0.32 -0.16 ----------------------------------------------------------------------------- Current Index Reflects the Equivalent of 121,549 head of cattle. SUPPLY (Live) 80,093 Hd Equivalent: $187.82 $179.56 DEMAND (Box) 41,456 Hd* Equivalent: $205.02 $201.10 Live-Box Spread: ($17.20) ($21.54) ---------------------------- Input Breakdown ----------------------------- National Daily Direct Cattle : Boxed Beef Cutouts (5 day accumulated wghtd avg) : Ch 600-900# $217.02 Weight Price Head : Se 600-900# $213.10 Live Steer: 1448 $123.81 35,603: Current Lds: 126.6 Live Heifer: 1306 $123.79 20,434: Previous Lds: 80.8 Drsd Steer: 925 $198.29 16,350 Drsd Heifer: 853 $198.15 7,706 ----------------------------------------------------------------------------- Grading % Breakdown : Drop Credit : 9.01 Ch 600-900# : 86.28%: Steer Dressing % : 63.24% Ch 600-750# : 36.31%: Heifer Dressing %: 63.20% Ch 750-900# : 49.97%: Processing Cost : 12.00 Se 600-900# : 13.72%: Slaughter Cost : 50.50 Se 600-750# : 3.22%: Se 750-900# : 10.50%: ----------------------------------------------------------------------------- Equivalent Values for Outlying Beef Carcass Types Basis Value = 196.42 Carcass Weights 400-500#500-600# 600-900# 900-1000# 1000#/up Qlty/Yield (1) -30.71 -15.97 -4.50 -23.67 ----------------------------------------------------------------------------- Prime 1-3 12.93 $178.64 $193.38 $209.35 $204.85 $185.68 Certified 1-3 5.39 $171.10 $185.84 $201.81 $197.31 $178.14 Choice 1 3.86 $169.57 $184.31 $200.28 $195.78 $176.61 Select 1 -3.78 $161.93 $176.67 $192.64 $188.14 $168.97 Stndrd 1-3 -27.00 $138.71 $153.45 $169.42 $164.92 $145.75 Prime 4 -0.50 $165.21 $179.95 $195.92 $191.42 $172.25 Choice 4 -11.93 $153.78 $168.52 $184.49 $179.99 $160.82 ----------------------------------------------------------------------------- *Reflects total boxed beef load count from past 5 days multiplied by 75, the average head per boxed beef load. (1) differentials based upon current premiums and discounts. Note: Index reflects simple average of live and box equivalents. Source: USDA Market News Service, Des Moines, IA Bryant Smith 515-284-4460 Desm.LPGMN@ams.usda.gov         24 Hour recorded market information 515-284-4830         www.ams.usda.gov/mnreports/NW_LS410.txt         www.ams.usda.gov/LPSMarketNewsPage